China’s growing debt a great Bitcoin ‘buying opportunity’ — Arthur Hayes
Bitcoin may strengthen its status as a hedge against monetary debasement due to China’s plans for over $1.4 trillion in new debt, raising interest among traders.
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IRS to summon users who don’t report and pay tax on crypto transactions
The summons requires M.Y. Safra Bank to submit information about taxpayers who failed to report and pay their taxes on crypto. 534 Total views 31 Total shares With the crypto community growing bigger and as trading volumes reach new highs, the United States is also making more effort to ensure that its Internal Revenue Service…
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Crypto adoption in sights: Regulators and industry join to fight ransomware
With an increasing number of people forced to work from their homes, data suggests that ransomware attacks are at their all-time highest with the frequency of these incidents increasing by 45% over the course of April 2021 alone. Not only that, some are adamant that the rise in ransomware attacks is closely connected to the…
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MakerDAO Launches Bounty Program to Get a Foothold in Blockchain Gaming
MakerDAO, the organization behind the Dai (DAI) stablecoin, is making a bid for Dai to serve as a “real parameter” of dollar-pegged value for video game economies.As blockchain and crypto gain increasing traction with the gaming industry, MakerDAO argues nonetheless that “soft currencies” for in-game economies “don’t always feel authentic.” In a March 11 blog…
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Capital International Group purchases 12.2% stake in MicroStrategy
MicroStrategy is by far the largest corporate Bitcoin holder on the planet with 105,084 BTC on its books. Entities under Michael Saylor's control hold more than 111,000 BTC. 541 Total views 3 Total shares Capital International Group, a $2.3 trillion asset manager headquartered in Los Angeles, has acquired a 12.2% stake in MicroStrategy — making…
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BNB Chain activates hard fork, reduces fees
BNB Chain activates the Haber hard fork with BEP-336, introducing blob-carrying transactions to optimize data storage and processing.
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I would never invest one cent in Bitcoin, says Ryanair CEO
“Avoid Bitcoin like a plague.” 2137 Total views 32 Total shares Micheal O’Leary — the CEO of major budget airline Ryanair — has come out very bearish on Bitcoin (BTC).Recently speaking to The Times, O’Leary likened Bitcoin to a Ponzi scheme and advised investors to avoid it:“I have never, and would never, invest one cent…
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Praxis gets $525M for utopic crypto, AI-friendly city
Praxis, a self-described internet-native alliance, said it received $525 million in funding to build a lesser-regulated tech-friendly city.
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Arkham CEO rebuts claims of ‘snitch-to-earn’ program, says it’s to find bad actors
Arkham CEO Miguel Morel said public blockchains are "probably the worst possible way of keeping one's private information private.” The chief of the startup blockchain intelligence platform Arkham has refuted claims by the crypto community that its new “Intel Exchange” is a “snitch-to-earn” or “dox-to-earn” system.On a July 11 Twitter Space, Arkham CEO Miguel Morel…